Trouble Ahead for Low Income Texas Electricity Customers?

Posted on Leave a commentPosted in Consumer Advocacy, No Deposit, Pre-Paid Electricity, PUC/ERCOT, TER News, Texas Deregulated Electricity, Texas Electricity, Texas Electricity News, Uncategorized

The LITE-UP Texas program that helped 700,000 Texas households in 2015 ended with this past August’s bill. LITE-UP Texas doled out hundreds of millions of dollars in assistance. The Star-Telegram reports that lawmakers occasionally tapped its funding source — called the System Benefit Fund — to prop up the state’s budget. But three years ago, […]

Court Approves Sale of ONCOR

Posted on Leave a commentPosted in ONCOR, PUC/ERCOT, TER News, Texas Deregulated Electricity, Texas Electricity, Texas Electricity News, TXU Energy, Uncategorized

It’s costing NextEra an extra $300 million in cash and an agreement to pick up the debt and asbestos liabilities from the Texas electricity distribution business. Energy Future Holdings unsecured creditors will also get $450 million more. As of Sept. 20, Judge Christopher Sontchi in the Delaware District of the US Bankruptcy Court okayed the […]